Big Tech Companies Highlight Benefits of AI at European Event

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At the VivaTech conference in Paris on Wednesday (May 22), executives from Amazon and Google spoke about the potential of artificial intelligence (AI) and its positive impact on economies and communities.

This comes at a time when regulators worldwide are working to address potential harm associated with technology and establish regulations to govern its use, CNBC reported Thursday (May 22).

Werner Vogels, chief technology officer at Amazon, said AI has the power to solve some of the world’s most challenging problems, according to the report. He highlighted the use of AI in Jakarta, Indonesia, where it is being employed to connect small rice farm owners to financial services and improve the efficiency of the rice supply chain.

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